Hyundai-Rotem Q1 net income up 38.4 pct to 18.1 bln won

Hyundai-Rotem-Q1 earnings

Hyundai-Rotem Q1 net income up 38.4 pct to 18.1 bln won

SEOUL, April 27 (Yonhap) -- Hyundai-Rotem Co. on Thursday reported its first-quarter net income of 18.1 billion won (US$13.5 million), up 38.4 percent from a year earlier.

The company said in a regulatory filing that it posted 31.9 billion won in operating profit for the quarter, compared with 23.6 billion won a year ago. Sales rose 1 percent to 684.4 billion won.

(END)

(C) Yonhap News Agency. All Rights Reserved